Invesco Discovery Mid Cap Growth Fund

AIM Investment Funds (Invesco Investment Funds)

Actively managed U.S. equity fund
$6.72B NAV
78 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Invesco Discovery Mid Cap Growth Fund is an actively managed U.S. equity fund. 34% of Invesco Discovery Mid Cap Growth Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 96% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

The Funds investment objective is to seek capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in mid-capitalization U.S. stocks selected through bottom-up fundamental analysis for above-average growth potential, focusing on companies with industry leadership, market share growth, and strong competitive advantages. The fund may invest up to 20% of assets in companies outside the mid-cap range. Because security selection depends on the portfolio managers' assessment of individual issuers, fund performance will diverge from any benchmark.

Expenses
0.67% 1.77%across 6 share classes
Share classExpense ratio
C0002096370.67%
C0002096380.74%
C0002096391.04%
C0002096401.29%
C0002096411.77%
C0002096420.79%

Portfolio turnover 104.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

103.33%
of net assets
Stocks96.24%
Cash & short-term7.09%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Industrials30.9%
Information Technology24.3%
Health Care9.9%
Consumer Discretionary8.0%
9 smaller26.8%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
34%of stock holdings in top-quartile growers
covering 96% of the fund’s equity
Earnings growth
41%of stock holdings in top-quartile growers
covering 81% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 20 new22 exited

Largest new: FANG, BKR, KEYS, RPRX, RBC, CAH, ESI, PCAR

Largest exited: ULTA, TEL, ALNY, PODD, HEI, CVNA, A, ROL

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+39.18%
3-year
+68.91%
5-year
+34.78%
Volatility
18.16%
Worst 3-yr fall
-18.82%
Cumulative return· May 2023 – Apr 2026

This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Comfort Systems USA, Inc.FIX3.60%$241.42M
Quanta Services, Inc.PWR3.58%$240.23M
Monolithic Power Systems, Inc.MPWR3.49%$234.32M
Hilton Worldwide Holdings Inc.HLT3.05%$204.89M
Flex Ltd.FLEX2.74%$184.21M
MasTec, Inc.MTZ2.54%$170.67M
Invesco Treasury PortfolioTRPXX2.45%$164.62M
Invesco Private Prime Fund2.39%$160.74M
Vertiv Holdings Co.VRT2.37%$159.36M
Lattice Semiconductor Corp.LSCC2.36%$158.60M
Showing 10 of 78Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 28.58% of net assets, top 25 55.47%, across 78 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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